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"The recent price wars in the supermarket and mobile phone industries have been beneficial to both consumers and their respective industries." Discuss critically, using all the recent theoretical models. Make references to important microeconomic models. Some examples are :( Supply, Demand, Market equilibrium, Price discrimination, Opportunity cost) "The cost of mobile phones have fallen to such a level which, if this trend continues, would make mobile telephony more affordable to much larger segments of the emerging markets population". Discuss critically, using all the recent theoretical models. Make references to important macroeconomic objectives: Some examples are :( Growth, Inflation, Unemployment, GDP, Exchange rates)
Explain Googles AdWords auction in terms of complete price discrimination. discuss weather google meets the conditions for such discrimination
Assume the firm can produce 5000 units of out put by combining its fixed capital with 100 units of labor and 450 units of raw materials. What are the total cost and average total cost of producing 5000 units of output?
Your manager comes in with three sets of proposals for a new production process. Each process employs three inputs: land, labor, and capital.
suppose the initial conditions of the economy are characterized by the following equations. in this problem we assume
Do you think the benefits of government regulation exceed the costs? In what areas, if any, do you think the costs exceed the benefits? Cite an example of a company's efforts to circumvent government regulations. Is the use of loopholes ethical?
Agricultural scientists are working on developing an improved variety of Roma tomatoes. Marketing research indicates that customers are likely to bypass Romas that weigh less than 70 grams.
you would like to determine if the average golf scores for women are different from the average golf scores for men. a
2.One dollar currently buys 3 pounds on the foreign exchange market. In a week's time it is expected to buy 5 pounds. Is the dollar expected to appreciate or depreciate with respect to the pound? Answer the same question assuming that the doll..
An asset is expected to be used in a project that will last 5 years. The MACRS property class for this asset is 3 years. If B = 10,000 and S = 3,000 at the end of year 5, determine the depreciation schedule.
Our company must replace an obsolete machine press. We have two bids that are summarized below. Both of the presses fall into the MACRS 5 year property classification. Our company uses an after tax MARR of 12% and MACRS depreciation. Our company fall..
Draw a scatter diagram illustrating this relationship. Draw a (nonlinear) curve that connects the points. Put the hourly wage rate on the vertical axis.
Economic Colleagues, first, pick one of the following: explain two effects of an open economy on monetary and fiscal policy, or evaluate the role banks play in world financial markets. Describe two problems with banks as international lenders ..
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